Spain’s 7-year jobless low bolsters standing of Prime Minister Mariano Rajoy

The number of Spaniards registered as without a job fell to the lowest level since 2009 in June, bolstering Acting Prime Minister Mariano Rajoy’s pledges on job creation.

The number of unemployment-benefits claimants fell by 124,349 from May to 3.77 million, the Spanish Labour Ministry said yesterday.

That was the biggest monthly decline in three years and exceeded the median estimate of three economists surveyed by Bloomberg who had forecast a drop of 100,000.